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Pursuant to the Guide, those who have issued capital market
instruments based on shares are not under the obligation of disclosure
regarding the underlying assets if such underlying asset belongs to
another issuer.
Another novelty is the immediate update ex-officio by the CRA of
the shareholding chart in the issuer’s form indicating those with 5% or
more shareholding or voting rights should there be a change therein.
However, CRA’s update does not release the issuer from making such
changes in its public disclosure form.
Notification Form for Inside and Ongoing Information
The disclosures concerning inside information shall be made by
using the forms provided in the PDP. Pursuant to the Communiqué,
uncertain facts may also be subject to disclosure. For such facts, the
Guide provides that the form has to be filled in by writing “Uncertain”
and when such facts become certain, the same form has to be filled in
and disclosed.
Inside information shall be disclosed immediately whereas ongo-
ing information disclosures regarding the shareholding and control
structure shall be made at the latest by 08:00 AM on the third working
day after the transaction causing such change by using the form
attached to the Communiqué.
Furthermore, if any changes occur in the general issuer informa-
tion form published in the PDP, the issuer has to update said informa-
tion within two working days.
Inside information disclosures have to be published on the website
of the issuer at latest the next working day thereafter and have to
remain published on the website for a period of 5 years.
In the disclosure, a sentence summarizing the content of the dis-
closure and a title has to be included; if there are several issues to be
disclosed, the disclosure must include different titles reflecting such
issues.
Language Used in Material Event Disclosures
Pursuant to the Guide, the issuers in the first group determined by
the corporate governance principles of Capital Markets Board have to
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